Kanzhun (BZ) to Release Quarterly Earnings on Tuesday

Kanzhun (NASDAQ:BZ) is projected to announce its earnings results before the market opens on Tuesday, March 11th. Analysts expect the company to announce earnings of $0.21 per share and revenue of $1.80 billion for the quarter. Kanzhun has set its Q4 2024 guidance at EPS.Investors that wish to listen to the company’s conference call can do so using this link.

Kanzhun (NASDAQ:BZ) last announced its quarterly earnings results on Wednesday, December 11th. The company reported $0.15 EPS for the quarter, beating analysts’ consensus estimates of $0.13 by $0.02. Kanzhun had a return on equity of 10.31% and a net margin of 20.65%. On average, analysts expect Kanzhun to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Kanzhun Trading Up 3.0 %

Shares of BZ stock opened at $17.86 on Friday. The business’s 50-day moving average price is $14.98 and its 200-day moving average price is $14.50. Kanzhun has a 12 month low of $10.57 and a 12 month high of $22.74. The firm has a market capitalization of $6.80 billion, a price-to-earnings ratio of 39.69 and a beta of 0.46.

Analysts Set New Price Targets

BZ has been the subject of a number of analyst reports. CLSA initiated coverage on Kanzhun in a research report on Monday, November 18th. They set an “outperform” rating and a $18.00 price objective for the company. Citigroup lowered their price objective on Kanzhun from $17.00 to $16.00 and set a “buy” rating for the company in a research report on Friday, November 29th. Barclays raised their price objective on Kanzhun from $14.00 to $16.00 and gave the stock an “overweight” rating in a research report on Monday, December 9th. Finally, Sanford C. Bernstein downgraded Kanzhun from an “outperform” rating to a “market perform” rating and lowered their price objective for the stock from $19.00 to $15.00 in a research report on Monday, December 9th. Four research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $21.00.

Kanzhun Company Profile

Kanzhun Limited, together with its subsidiaries, provides online recruitment services in the People's Republic of China. The company offers its recruitment services through a mobile app under the BOSS Zhipin brand name. Its services allow enterprise customers to access and interact with job seekers and manage their recruitment process.